Long-Term Investors Stay Put

While we are acknowledging the short-term weakness on the Nifty 50 daily chart, it is important to point out that our long-term view of the market continues to remain bullish.

As a market participant, it is important to be absolutely clear about the time-frame of your investments. As a long-term investor, dips and corrections are good opportunities to add valuable picks to your portfolio. The important thing to remember is to not get caught up in the daily noise.

Market corrections are a part of the longer-term bull market but it's best not to confuse daily trends with weekly and monthly trends. Nifty50 continues to display strength on weekly and monthly charts.

Thanks for reading and please let us know if you have any questions.

Allstarcharts Team